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Question for you satelliteguy- what brought you here to make the posting you did without checking to see that what you were posting was incorrect? I checked a good number of your prior posts and these two were the only ones that showed up on VODG. All you would have had to do was go to the company's web site and see that it was a press release and there were disclaimers.
Just curious - would like an honest answer as to you motives.
Think you might be right, regardless I'm old fashion enough to think that fundamentals over time drive stock prices.
Here is the link to the company's investor relations with disclaimer.
http://vitrobiopharma.com/2014/02/11/vitro-biopharma-revenues-increase-early-2014-plans-trials-endogenous-stem-cell-activation-therapeutic-benefit/
Think you might be wrong on this one satelliteguy...
Stock has been trading better. I have been concerned about how long it would take for all the nit-wits that got caught in the pump and dump some time ago - the volume totaled about average volume for a full year...
Here are my points
1) Products and science are exceptionally better than competition. This has been confirmed in articles and by some research doctor from Ohio.
2) Now, Dr. Music has a guy on board that is a good business man and knows how to SELL stuff. This last ingredient has been missing until now. Couldn't say enough good things about Dr. Music and the way he has built and treated stock holders. A great scientist that has developed unique science and some products have come from that, I think many can follow.
If anyone else has met with him, they should agree with me that he is not a salesman nor an entrepreneur. NOW that has changed with someone that has a proven long term record that fills an incredibly important gap. As equally important, he has skin in the game.
At some point in time the stock price will reflect the fundamental business and tremendously positive changes that have been made in this company that has enormous potential with relatively few shares outstanding.
A very nice combination and outstanding risk/reward. If it works, which I think the probabilities now are the best in the company's history, the upside will prove to be well, and I do mean well worth the wait.
Caution - I can't say that this stock won't go up per the recent report, but what I can say is that based on my direct experience - the management and people behind this company are unethical, crooks.
So before buying this stock you should recognize that some day you may find the head of a horse in your bed. Buyer beware.
Thanks;
Your kindness is appreciated!
Personally I think that there is a bigger picture regarding where this company could be in a number of years that goes beyond tiny possibility.
A $1 a share valuation would be great, but the lego blocks that are being put together and those that are or could become available make your "what if" outcome a reasonable bet.
Furthermore, if one evaluates the risk/reward of what has been and is now becoming clearer is becoming and could be - VODG, in my opinion continues to offer one of the best risk/reward investments I have seen in quite some time.
It may take a few more years, but as and if it comes together as it now is beginning to appear that it well might be the annual compounded rate of return would be well worth the wait.
I agree with you, very exciting prospects for the company.
Here is a quote from the interview:
"We collaborate with HemoGenix down in Colorado Springs, which is important in terms some of our cell-based assay development. Celartia is another company that we collaborate with and there are others as well. We have limited resources ourselves, so collaborations are really very important for acceleration of our growth. Our prior collaboration with Neuromics has evolved to the point where we’re planning to combine the companies. A key component of this synergy comes from Pete Shuster’s expertise in sales and marketing. We’re, again, mainly a technology/manufacturing company and through his expertise in sales and marketing we anticipate ability of penetrate some of these key markets in clinical stem cell products that I described earlier."
HemoGenix, Dr. Ian Smith, recently raised $500,000 in a private offering, prior to the announcement regarding Neuromics and VODG. Those who looked at the information provided to potential investors, had to have walked away with the impression expressed in the comment above regarding the collaborative work, which is now public. Someone with inferential analytical skills would no doubt link these three companies together in their collaborative issues - each bringing unique skills and opportunities to investors. Two are in the process of becoming one with exciting synergies as Dr. Musick expressed in his interview. It would appear to me from what he has stated in his interview that these collaborative efforts may well offer shareholders in VODG even more exciting opportunities as this business grows into a much more competitive company as a result.
Seems to me shareholders should be quite excited and regarding the question about why anyone would be selling stock at these levels - don't forget the amount of volume from the pump and dumpsters - over one years worth over a brief period, many buyers had to be sheep.
Glad you found this, I would suggest that it is "only the beginning"...
As I have mentioned before,
one of the "things" long term shareholders would have to work through was the irresponsible pump and dump of over 1 year of volume in VODG stock at 2 to 3 times higher price than current share price. Hopefully we are close to working approaching the end of that impact on the stock price and the impact it had on long term shareholders.
HERE IS WHAT I WANT TO REITERATE BECAUSE I THINK IT IS THAT TELLING AND IMPORTANT!
1) A reverse triangular merger
2) A rather quite successful business person - repeat business person - and sales person.
3) Dr. Musick who has invested years of time, significant amounts of personal money. When I pushed him recently on growth of the company, he responded that he hadn't spent so many years and so much of his family funds not to obtain a meaningful return on his investment.
One very successful business person, elected to take a significant amount of VODG stock for a company he spent several years in building. He has definitely told us by his actions what he thinks the likelihood of the future of VODG looks like to him!!!
Dr. Musick, reduces the amount of debt the company owes him which is much higher in the food chain than common stock, if some reorganization, etc. would be in the future. Rather it confirms, by placing more personal family wealth at risk.
WHY?
The only logical conclusion is Dr. Musick's actions reinforce those of Peter Shuster.
CONCLUSION
What has recently transpired significantly increases the likelihood that long term investors in VODG will be substantially compensated for their patience and confidence in Dr. Musick, the science and the company.
Let's take an example. Say you own 100,000 at $0.10 for an investment of $10,000.
Five years later the stock is worth $1.00 - in this case less than 25% of what it traded during the NASDAQ dot.com "bubble". You would have an investment worth $100,000.
What would be the annual compounded rate of return on your investment? ___________
An incredible rate of return. Obviously this assumes it works, but the events of the last week have certainly turned dramatically indicated that the probabilities of success have dramatically turned in favor of VODG shareholders.
Just one persons opinion that has spent over 40 years of very successful investing and admittedly has had some losers, but my own confidence in the success of this investment is the greatest it has been.
One last thing I want to offer you as you go forward in your investing. I am doing this because of your due diligence and hard work.
Just in case you haven't thought of this...
Having spent years on the street, I have learned the value of looking at potential deals, etc. - typically requiring signing confidentiality agreements and then often times obtaining a wealth of information. The company referred to is one that if you didn't you could have gotten some very good information by showing interest in the offering, signing documents and obtaining information that may or may not prove to be helpful in ones later endeavors, whether they be with VODG or elsewhere.
I know you do and appreciate your work.
Recently a private company associated with VODG raised some equity capital. I think you could probably get in touch with him and probably Shuster, although he might be unable to talk right now due to the transaction that is currently ongoing.
Experience has taught me that Investors who are gifted with the capabilities of digging in and have good intuition have been given a great gifts...
Happy hunting
Respectfully appreciate both points, but here is what I think is more critical and much more important:
1) Dr. Musick is willing to take stock versus debt - very significant statement regarding future opinion of company and stock value.
2) Peter Shuster has demonstrated by his career and successes that he is an astute businessman and investor. HE is willing to take VODG for a company he has spent several years in building. Would he do this if he didn't think the future value of VODG stock was significant?
I believe the actions here and how the chips have been put on the table are EXTREMELY encouraging for VODG shareholders. The other details, while important, I think miss the much more important bigger picture. In addition Shuster brings something to the table that is currently of significant importance to VODG.
One last thing, dig into this and I think you will find another successful company lurking in the background...
Suggestion for you, sir. Next time you post, think about what you are posting. Your post was in responding to my post.
If what you were doing was to update everyone on VODG's business plan and it had nothing to do with my post you should have posted it as a new post not appearing as responding to mine. If you would have done that it would not appear as if you were responding to me because I took it as it was - a personal response from you to me that I found offensive and my own opinion would be that most others in the same situation would have felt the same.
That is all I have to say, I'm done with wasting my time.
Thank you, I have nothing new I can say at this time.
Cool, you mean companies have websites that you can find information about them?
In all do respect to you as a "founding member" what one doesn't say is often more important than what he - or she - does say.
I forgive you for what strikes me as an offensive post that was in response to mine.
Respect is given, trust is earned.
Hey, futrcashv- just want to say hi. Can't really say anything else at this time...
Will get back to you later. DD
Let me know if you are still interested in selling your stock. The DJIA is down over 100 and VODG is bid .0252.
1. Dr. Musick is a man of his word. Years of experience with him have shown that to be the case.
2. His letter to the shareholders and the new agreement especially only go to show what VODG has in its "treasure chest".
3. Shareholders have been treated extremely well especially compared to other stocks that trade in this land of gypsies, tramps and thieves.
All shareholder's need is for the treasure chest to be opened and given the strength of what has been developed, probabilities strongly favor that it is only a question of when, not if. Of course, I am assuming that there is an "operating environment" in the USA...
A few months ago, I meet a person who had serious spinal cord damage. His truck was t-boned by a teenager "texting" a little over a year ago.
Stem cell injections over the past 12 months, when main stream experts said - no hope.
He is walking, pretty much out of pain and has a couple more injections. They are anticipating a FULL recovery!
This is a no nonsense true life story, that to him has been a true miracle!
Mr. Van Horn is and has been regarded as one of the best manufacturing specialists in the industry.
Most of the rest of this is just my opinion.
His move from VODG to AMGN while remaining on the board of VODG - obviously disclosed to AMGN - was a critical part of management's plan of what they had developing and where they could be in a few years.
An indication of value that might exist at VODG, the time needed to get from point A to B. In addition, not only did this situation improve the risk/reward analysis of VODG but added the component of a company with not only a strong financial capability but a need for new product AMGN and certain "players" in AMGN that also impacts one's analysis of risk/reward.
Note that none of these actions are inconsistent with overall corporate strategy. A long term investment with very attractive risk/reward that is now appears as if we are rapidly moving from long term to witnessing the development into an investment that just might prove to be quite exciting.
Time will tell.
Grasshopper, what you are asking can only be accomplished through years of hard work and experience and never discounting the value of "luck". One place to start with Reeseman Corp would be the Secretary of State's website for the state of NV. Search for Reeseman Corp. see what comes up, articles of incorporation, etc. Get a phone number, make a call or two and see where that leads you. This really isn't rocket science, just the uncommon application of common sense and hard work. Most people are too lazy to get off the couch and do their own work.
Hope this helps you. Find it interesting that this is your first post. Good luck to you rsteadman4972.
Where did this come from?
William C. Parker 25,100,000 30.84%
Reeseman Corp. 25,100,000 30.84%
Arlene Wilhelm 1,442,500 1.77
Brinson Clements (1)* 300,000
Tommy Duncan (1)(2)* 483,158
Robert Rubin (1)(2)(3)* 483,158
Meyers Associates, LP (4) 3,475,000 4.27
All Executive Officers, Directors and 5% owners as a Group (7 persons)(3) 29,941,316 67.72%
Nothing that I could find in recent 10Q or 10K lists Reeseman Corp.
IMO - This company is a case study of what can happen to penny stock investors that invest in companies based upon assumptions and are minority shareholders where the majority are interested in paying themselves, using company funds for personal use and on and on.
There is no way to know how sales are going unless there is a public release regarding them, unless you want to risk joining a list of other fine folks prosecuted for insider trading.
One can get a sense of how things are going by speaking or better yet meeting with Dr. Musick to determine his non-verbal communication.
Another way would be to try to contact his distributors and see what information can be gleaned from them.
Regarding Dr. Musick's being removed from the day to day operations of the company for what ever reason I would put forth the following:
1) His wife has started and run an extremely successful business supply medical equipment. In fact she won, at least once either the best or one of the best business women in Denver.
2) As cold hearted as this may sound, my own opinion is that it might be better for shareholders if something did happen to Dr. Musick, not that I wish him ill will or anything like that, have known him for a long time, but as I have said before he reminds me of Harrison Ford that played the Phd in the movie Extreme Measures.
Given Walter Drakeford's background, one has to seriously wonder why their required SEC reports are always delayed.
In my opinion, it doesn't pass the smell test.
Remember, back in late April supposedly some firm recommended the stock and over a three day period or so a total of around one year of volume traded hands?
Obviously no fillings followed all the volume.
A logical conclusion is that there are a lot of oxy-retards who don't know the first thing about VODG and have substantial losses. They bought it bad and will probably sell it the same way.
Nice call Jrob.
Thanks for sharing your work with us Potse!
Really nice - thanks for the link!
Yes, I was introduced to this person by another VODG shareholder, this person is a good friend of his and a good friend of mine. Seems to me given the relationships that are growing here, it seems to me that if these guys can get together, have good chemistry between them the probabilities for success, which I already thing are quite good, could prove to be the last significant business connection (that VODG has stated they are looking for) would need.
It also strikes me that the company is drawing attention from more and more "sophisticated" business people. What do you think?
The stronger the foundation, the bigger the structure.
I haven't spoken with Dr. Musick in several months. But I was recently introduced to an individual who is a successful businessman. He happened to start and grow a stem cell company that he sold and walked away with 9 figures after taxes.
I have absolutely no idea what he is thinking of doing or not doing, so don't go out and buy or sell the stock based on this post.
What I do know is that he is very well versed in VODG, their patents, etc. and the "vibes" I get suggest he has a keen interest in the company. The amount of resources spent to get to the level of understanding that he has may or may not provide additional insight, don't know, just speculating. I have enough time and experience to know that there is a big difference between knowing and doing.
If nothing else, it appears as if it would validate from another third party the scientific capabilities of VODG. The business capabilities have yet to be proven and in my opinion will ultimately be what determines the value of the stock.
That could explain it, as well as the length of time I have been associated with the stock and that every so often I call and talk to individual traders - market makers.
From time to time I get calls on both the buy side and the sell side. A while ago I got a call on 100,000+ shares that were for sale. It was a private transaction, and in this instance had to work with the transfer agent since we were dealing with certs.
Over the past two weeks or so I have gotten a couple calls from people representing whatever or whomever they say they are representing, like I am going to believe them, looking for stock to buy. It is odd and I don't know if it is a natural buyer or possible some broker who took advantage of the last run up and huge volume.
I told them what I tell everybody, everything I have is for sale except my wife, my dog and my integrity. They didn't like what I considered to be a fair offered side of the market for large block of stock. So, I was just wondering if anyone else has had similar recent experience to try to identify what kind of shark is swimming around.
Couple questions.
1. Do you hold your VODG stock in street name or in your own name?
2. If you do not have your stock in street name, it shows how it is registered if someone were to buy a list of shareholders from the transfer agent. (Adding this in case someone doesn't know this.)
3. If the stock you own can be identified to an owner and you have a reasonable position, then I was wondering if
anybody has contacted you about buying your stock?
NOTE B—GOING CONCERN
At March 31, 2012, the company had negative working capital of $1,185,879 and a stockholders’ deficiency of $2,247,789. From inception the Company has incurred an accumulated deficit of $8,527,203. These factors raise substantial doubt as the Company’s ability to continue as a going concern.
Current liabilities = $2.8 million
Quarter Revenues = $1.2 million vs $5.1 million
Quarter Gross Profit = $0.6 million vs. $1.4 million
Current liabilities, by definition due within < 1 yr.
Annualize this quarters gross profit $0.6 X 4 = $2.4 million
MITD's annual GROSS PROFIT is less than current liabilities.
Going concern? Seems to me more like going, going, gone
RIP MIT
The following would be my best guess at some of your questions.
First, it appears to me from the way Dr. Musick speaks about the relationship is that it has been growing closer. Not only can you see and hear it in his voice but his body language is very good.
I used to assist smaller companies go public or get acquired. Many are really "family". Tremendous blood, sweat and tears has gone into birthing and growing (not just VODG) but these type of companies in general. Therefore, by their nature the courtship tends to be a lengthy one.
Dr. Musick is no exception, if anything I would say he is more particular - or better said - careful - than the average. It is one reason why I believe he has had several people come and go...
1) I would have answered your first question without hesitation prior to the "small business abortion, er, I mean act". Don't think it changes the outcome, just adds more variables to consider. My general understanding is a reverse merger that takes advantage of the TLCF still works, but as tax hungry as this administration is, that needs to be confirmed.
2) Don't know and if I did I would say I don't know. What I would offer is an opinion that Dr. Musick has worked too hard, too long and not only given to but given up too much that any conversion would be overly dilutive (see later). Personal opinion as stated before, a VODG that has more substance to its business will in turn sell a great deal more substance... Conclusion, a win-win when the right partners can have a wedding.
3) Seriously doubt that straight cash would be considered, unless the price was something he couldn't pass up. I think the long term value of a combination is important to him. He has a very close family relationships and sees this not only for himself but for his kids.
4) I can't answer this one. I was contacted by a large Illinois company and a large Indiana company, if my memory is clear - around the time VODG moved from Aurora. Back then, Dr. Musick was an integral component of the company, not that he isn't a great asset in many ways, but the science and patents have reduced his value. In fact, personally, I would argue that Erik is of greater value to an purchaser (sorry Jim) due to his tremendous "manufacturing" understanding and experience of the patents. He has a lot of stock too.
Overall conclusion, like the way everyone has been set up to be compensated by improved shareholder value. You don't find that very often in these micro's and in the land of gypsies, tramps and thieves.
Unfortunately, there were a bunch of fools that bought this stock that typically trades by appointment up over 300% from the prior day or two. Time has passed for D's to have been filed, so it would appear that we have to live through what typically happens to a fool and his money...
My error, still doesn't matter. Website or legal work. Wanted to try to clear up any inference that something was done inappropriately in the issuance of the stock.
Probably because redesigning the website was a project that took longer than a day. The paper work and legal documentation would have been completed at a time well before some "rogue" company issued a buy report, one that they didn't even bother contacting Dr. Musick on in the first place.
It really is unrealistic that they would have been able to accomplish this per your suggestion.
It is restricted stock so the payment for the service of setting up the website can not generate any cash for their services until the restriction is lifted.
One could argue that the fact that the company took restricted stock for payment for work that they won't be able to benefit from for some time is actually a very positive statement as to their belief that the stock will be worth the $.05 value or even higher.
Thanks for your reply to my post.
Don't understanding what you are implying with your statement. Could you clarify it for me? Thanks.
Additional information.
1. Recently I have found out that the Drakeford was the engineer of taking this company public, several years ago now.
2. That the company was and may still be under investigation for medicaid/medicare fraud. I was told "may still be" because the lead witness against the company met with an untimely death...
3. That certain Georgia authorities uncovered things that were passed along to the ATF, FBI and IRS.
4. Was also told that several of the company's key employees left after the company went public (never disclosed either evidently) because they had such strong opinions that these new folks brought in to take the company public and who were significant investors in the initial offering were "gangsters".
While I have been able to document some of this information, a good part of it was told to me by people I believe to be reliable. So do your own due-diligence not only because you need to, but because my information is what I have been able to uncover, but not guaranteed as to its complete accuracy.
As always in this land of gypsies, tramps and thieves (predators) - buyer beware. Especially those who cloak themselves in the sheepskin of being Christians.